Disney donates USD 15 million to LA fire relief and rebuilding efforts

As per The Hollywood Reporter, the company committed to donate USD 15 million "for initial and immediate response and rebuilding efforts."

Those funds would be earmarked for the American Red Cross, the Los Angeles Fire Department Foundation, the Los Angeles Regional Food Bank and other organizations.

"As this tragedy continues to unfold, The Walt Disney Company is committed to supporting our community and our employees as we all work together to recover and rebuild from this unbelievable devastation," said Disney CEO Bob Iger.

"Walt Disney came to Los Angeles with little more than his limitless imagination, and it was here that he chose to make his home, pursue his dreams, and create extraordinary storytelling that means so much to so many people around the world. We are proud to provide assistance to this resilient and vibrant community in this moment of need."

Paramount Global's co-chiefs, Brian Robbins, Chris McCarthy and George Cheeks also wrote a memo to staff that stated the company would donate USD 1 million to the Los Angeles Fire Department Foundation, California Fire Foundation, Red Cross, Direct Relief, World Central Kitchen and Best Friends Animal Society.

Paramount Global's co-chiefs, Brian Robbins, Chris McCarthy and George Cheeks, wrote a memo to staff that stated the company would donate $1 million to the Los Angeles Fire Department Foundation, California Fire Foundation, Red Cross, Direct Relief, World Central Kitchen and Best Friends Animal Society.